Eyebright Medical Technology (Beijing) Co., Ltd. (SHSE:688050) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million. The shares will be repurchased at no more than CNY 229.37 per share.

The purpose of the program is to use the repurchased shares for equity incentives or employee stock ownership plans. If the company fails to use the repurchased shares within 3 years of completion of the program, the unused shares will be cancelled. The company will use its own funds or self raised funds for the program.

The plan will be valid for 12 months.